Some private consolidation lenders will allow you to consolidate federal and private student loans together. Sallie Mae strongly discourages borrowers from doing this, as it may result in the loss of subsidies, grace periods, deferments and other benefits.
Despite the previous answer, it is the best idea to call your current lender(s) to see what options they can provide for you. For some students, consolidation may not be the best answer, depending on the interest rate of their current loans. There are other repayment options available, depending on what your goal is - to get the lowest monthly payment, or to pay your loan off as quickly as possible, or to start with lower payments and gradually increase them, or to pay the least amount of interest over time.
The financial aid office of your school might also be willing to guide you to a reputable consolidation company. Good luck.
· 1 decade ago